South Korea, South Korean flag

30 July, 2018

Stewardshop code adopted by vast South Korean pension fund

The third-largest pension fund in the world, South Korea's National Pension Service (NPS), has adopted a stewardship code that observers hope will put pressure on the country's conglomerates to improv...
New York Stock Exchange, Wall Street

18 July, 2018

Shareholder proposals gain ‘traction’ during US proxy season

The number of shareholder proposals faced by companies in the 2018 US proxy season decreased overall, but research reveals that the average support during a vote lifted. Meanwhile, climate remains ...
Investment, investors, stocks and shares

10 July, 2018

Growth in ranks of activist investors reported for H1 2018

The number of activist investors has increased significantly in the first half of 2018, with 524 making public demands of companies compared with 444 in the first six months of 2017. The number of ...

6 July, 2018

Regulators demand IT security plans from financial services firms

Financial services firms have been given three months to show regulators how their IT systems will manage the risk of cyber-attack or changes in technology. The Bank of England, Financial Conduct A...
PwC, pricewaterhousecoopers

3 July, 2018

PwC to pay $625.3m damages over collapsed US bank

PwC has been ordered by a US court to pay damages of $625.3m (£474.6m) over the audit of a collapsed bank. According to the
City of London, financial, banking

21 June, 2018

‘Grandfather’ financial services post-Brexit to protect 36m policyholders

A crisis over cross-border financial contracts could adversely impact 36 million policyholders in the UK post-Brexit. A
law

18 June, 2018

Lawful impediment: company law and insider control

It has become commonplace among corporate governance scholars and practitioners alike that company law and regulations are an important ingredient for a good corporate governance regime. [pull-righ...
Responsible investment, ESG

14 June, 2018

ESG: is it truly being integrated with investment decisions?

Reading the transparency reports submitted by signatories to the UN Principles for Responsible Investment (PRI), it becomes clear that asset managers take widely different approaches in the integratio...
Drax power station, carbon emissions, coal

7 June, 2018

Why serious investors demand more than just climate disclosure

In 2014, when I first started engaging pension funds on the issue of climate change, a worrying number would respond that they could not take savers’ “ethical concerns” into account. Not only a ...
gender diversity, gender quotas, gender equality

30 May, 2018

Making a difference through diversity in the boardroom

We believe that better diversity brings economic as well as cultural benefits. The World Economic For...